Digital currency is beginning to become a defining feature of a new era in technological integration. Mobile devices are everywhere, more people are beginning to shop online rather than at physical stores, and physical currency is quickly losing its appeal as a symbol. Years ago, a person could flash a roll of cash and attract envious gazes. Now, however, the color of a credit card and a smartphone can say more about a person’s financial status that a pile of physical money. Mobile commerce is to blame for this trend.…
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Bitcoin becomes legal in California
New legislation makes the use of digital currencies legal in California California Governor Jerry Brown has signed new legislation into law that legalizes the use of Bitcoin and other digital currencies. These currencies had been banned in the state for some time, but this prohibition was overturned by those that believed a ban on digital currencies was outdated. The growing popularity of mobile commerce played a role in attracting support to the legislation, highlighting the fact that the way people are shopping for and purchasing products is beginning to change…
Read MoreEvent in Washington, DC, aims to explore the changing field of mobile payments
Event will focus on the convergence of Bitcoin, ATMs, and mobile commerce Experts in the financial services industry will flock to Washington, D.C. in September of this year in order to take part in an event aimed at exploring the convergence of Bitcoin, ATMs, and mobile payments. The event will feature some 40 speakers representing groups like the Bitcoin Investment Trust, RoboCoin, MasterCard, and Verifone. Several attorneys and representatives of the federal government will also attend the event, aiming to establish a better understanding of the payments industry. Digital currency…
Read MoreFacebook to bring its Credits to mobile
Facebook has announced its long anticipated intention to make its Credits currency available to services on mobile devices, and to sidestep app stores with HTML5 support. Though Facebook has taken its time to take a break into m-commerce, its platform will be expanding to include an app store as well as other mobile services. However, it is the Credits digital currency on mobile browsers that will permit content to be sold via mobile device by developers. This may divert smartphone and tablet users from Apple and Google, by providing them…
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